America's adult population is economically illiterate. College economics instruction must shoulder some of the blame for this situation. Forty percent of all college graduates take an economics course. Over 95 percent of principles of economics students do not continue on to major in economics,...

We study the research productivity of new graduates of top Ph.D. programs in economics. We find that class rank is as important as departmental rank in predicting future research productivity. For example the best graduate from UIUC or Toronto in a given year will have roughly the same number of...

We study the research productivity of new graduates of top Ph.D. programs in economics. We find that class rank is as important as departmental rank as predictors of future research productivity. For example the best graduate from UIUC or Toronto in a given year will have roughly the same number...

This paper is a non-technical review of research developments in the international real business cycle literature. International business cycle facts are summarize with particular attention to the sources of output variance from the expenditure side of the NIPA and the production side, using a...

This letter calls attention a recent trend in economics publishing that seems to have slipped under the radar: large increases in submissions rates across a wide range of economics journals and steeply declining acceptance rates as a consequence. It is argued that this is bad for scholarly...